People’s Leasing Finance PLC Announced Interim Dividend

People’s Leasing Finance PLC
People’s Leasing Finance PLC


28th January 2011, the People’s Leasing Finance PLC announced Colombo Stock Exchange, that the company declares the Interim dividend of Rs.0.50 per share.

The dividend for the year ended 2010/2010. The payment will be made 22nd February 2011 as open book share transfer.

About the People’s Leasing Finance PLC

People’s Leasing Finance PLC is established in 2000 and quoted in Colombo Stock Exchange at 2005. The company is in the business of leasing movable and immovable properties.

Mandatory Offer by Royal Ceramics (Lanka) PLC and Mr.K.N.Dhammika Perera to Purchase all remaining ordinary shares of Hayleys PLC



28th January 2011, the Royal Ceramics (Lanka) PLC and Mr.K.N.Dhammika Perera announced a Mandatory Offer to Purchase remaining ordinary shares of Hayleys PLC

Stake of Mandatory Offer to by Hayleys PLC

27th January 2011, Royal Ceramic purchases 161,272 shares at the Price of Rs.380.00 per share. By full filling of 30% of shares held, therefore the offeror should make a Mandatory offer to Purchase the Balance 52,489,773 shares issued by Hayleys at the price of Rs. 380.00 per share.

Name Date No of Ordinary Shares Percentage
Royal Ceramics (lanka) Plc as at 26th January 2011 2,788,161 3.7175%
27th January 2011 161,272 0.2150%
Mr.K.N.Dhammika Perera as at 26th January 2011 19,003,928 25.3380%
LB Finance PLC as at 26th January 2011 547,866 0.7304%
Total Holding 22,501,227 30.0000%

CSE trend

Even the Document published in Colombo Stock exchange at the time of 16.22 on 28/01/2011.

The Market closed the 28th January 2011 at the Price of Rs. 395.00 per shares. Therefore no one will sell their shares at the price of Rs. 380 per share, to compel the offer.

But there is possible increment shows in Hayleys PLC share price on Monday. The trend may have a chance to continue till about 1 to 2 weeks.

My Expectations

As I hear about Mr.K.N.Dhammika Perera, there will be good profits and capital gains can be expected by investors for all the periods of short, medium and long terms.

Commercial Bank of Ceylon PLC announced Final Dividend


28th January 2011, Commercial Bank of Ceylon PLC announced dividend in Colombo Stoke Exchange. The dividend of Rs.2.00 per share, this dividend will be paid for Voting and Non Voting shares.

The company further says the dividend is for the yearend of 2010. The payment date is not notified jet.

Commercial Bank of Ceylon PLC
Commercial Bank of Ceylon PLC

Commercial Bank of Ceylon PLC announced Scrip Dividend

While the Commercial Bank of Ceylon PLC announced final dividend, the company announced the Scrip Dividend for Voting and Non Voting shares.

The Proposition

One voting shares for 155.6 shares held,

One Non Voting share for 94.6 Shares held.

The total Quantity of offered is

Voting shares 2,271,249
Non Voting Shares 255,735


Sampath Bank PLC announced Employee Share Option Plan [ESOP]

Sampath Bank PLC
Sampath Bank PLC


28th January 2011, the Sampath Bank PLC announced to Colombo Stoke Exchange, the board deiced to Introduce Employee Share Option Plan [ESOP] for 2011 conditional upon the bank achieving certain performance criteria for 2011.

Under proposed ESOP 2% of new shares will be created [3,056,159] and offered to the eligible staffs upon achieving their set targets. The offer price would be weighted average price of last week of January 2011, and discount of 10%.

The vesting period of the ESOP will be from 1year after the offer date of 1st April 2011 and end on 1st April 2012. The option exercisable period will be 3 years from 1st April 2012.

Benefits of Employee Share Option Plan [ESOP] and market reaction

The Employee Share Option Plan [ESOP] will be a one of the staff motivational approach followed by the listed companies. This approach may help the Company to improve the Company performance, by creating the staffs to be an owner of the business.

The trend of the Employee Share Option Plan [ESOP] is seems to be like rights issue, but with certain rules and regulations about trading. Therefore market will show a slight trend of share price reduction cause of ESOP, but it will be only for short term trend and will picks up again.


Lanka Ceramic PLC Announced Interim Dividend


27th January 2011, Lanka Ceramic PLC announced Colombo Stoke Exchange, the company announce interim dividend of Rs. 1.00 per share for the financial year of 2010/ 2011. The dividend payment will be on 18th February 2011.

About Lanka Ceramic PLC

Lanka Ceramic PLC
Lanka Ceramic PLC

The Lanka Ceramic PLC established in 1991 and quoted to cse 1993. The company is in the business of manufacturing tableware, sanitary ware, hotel and Ornamental ware and low – tension insulators for export and local markets. Retail trading in Ceramic and Allied Products.

Future opportunities

Lanka Ceramic PLC has good enough opportunity to develop their businesses feather in terms of local and international market. Therefore it’s good to be expecting a good enough Dividend and the Capital gains from the Lanka Ceramic PLC shares.

MY View

To investing to Lanka Ceramic PLC in terms wise

Short term good for short capital gains
Medium term good for the reasonable capital gains and dividend
Long term very good opportunity to gain capital gain and good dividend


Marawila Resorts PLC Rights Issue


27th January 201, Marawila Resorts PLC announced Rights issue of one (1) new share for every four (4) ordinary shares held.

The rights at price of Rs.10. the number of shares to be issue is 24.5 Million Ordinary shares.

Marawila Resorts PLC
Marawila Resorts PLC

The following details published Colombo Stoke Exchange (cse) the following details

Date of Initial Announcement 05th January 2011.
EGM/ Provisional Allotment 21st February 2011.
XR 22nd February 2011.
Dispatch of Provisional letter of Allotment 28th February 2011.
Rights trading commences on 07th March 2011.
Renunciation 14th March 2011.
Last date of acceptance & payment 15th March 2011.



C T Land Development PLC announced Interim Dividend


Yesterday 26th January 2011, C T Land Development PLC announced Interim Dividend in Colombo Stoke Exchange.

The Dividend of Rs. 0.60 per share for the financial year of 2010/2011. The dividend payment will be on 14th February 2011.

 C T Land Development PLC performance

Yesterday share prices are stared with Rs.32.90 and closed at 32.20. The range of the variation was Rs. 31.00 to 33.00.

The Divined announcement was increase the confident to investors. Even the share price reduction, is cause of the ex dividend announcement.

Therefore the price of 32.20 will be acceptable due to the dividend announcement.

Expectation of the C T Land Development PLC

C T Land Development PLC all time high price is Rs.40.00, if the market is going the same trend for the few weeks, it will be overcome the price of Rs. 40 soon.

PC House PLC Price band Remove from Tomorrow


Tomorrow 27th January 2011, the PC House PLC 10% price band will be removing for trading. It means the PC House PLC share prices can be varying accordance to demand and supply of PC House PLC share.

As per My little knowledge the PC House PLC growing continually. There was some of downwards and the upwards in the market. But still the prices are going up further as per demand of the shares by the investors.

PC House PLC
PC House PLC

Today performance

Even today 26th January 2011, the PC House PLC share Price is open at the price of Rs. 23.20 and close at Rs. 25.50. This is about 9.91% Increment from the opening price.

My expectation of PC House PLC tomorrow

I am expecting the PC house may show a more than 15% to 20% price increment tomorrow in CSE.

But this performance will be only certain level and I personally expect a market correct soon in Colombo Stoke Exchange [CSE].

Therefore my advice for the investor is to be carefully monitoring the market and be ready for the any changes [risks] in anytime.


HVA Foods Limited Basis of Allotment

25th January 2011, the HVA Foods Limited announced Colombo Stoke Exchange share allocation or allotment basis.

The allotment basis on the following link

HVA Food Allotment
HVA Food Allotment

About HVA analysis

Heladiv HVA Foods Limited
Heladiv HVA Foods Limited

Amana Takaful PLC announced Rights Issue

Amana Takaful
Amana Takaful

Today 25th January 2011, Amana Takaful PLC announced to Colombo Stoke Exchange [cse], that the company decided to issue 500,000,360 shares as a rights of 1 share for every 1 exiting held.

The rights come at Rs. 1.50 per shares and right total fund arise of Rs. 750,000,540.

The objective of the rights issue is to meet the increase capital requirement by regulator under its proposed capital plan and for the company’s future expansion strategies.


Rights Issue Watapota Investment PLC


Today 25th January 2011 Watapota Investment PLC announced the rights of 75 new ordinary shares of every 2 shares held at the Price of Rs.20.

The total number of shares issued is 25, 162, 800 and provisional allotment will 18th February 2011 and dispatch the provisional letter of allotment 23th February 2011.

The last date for acceptance & Payment will be on 10th march 2011.

Watapota Investment PLC
Watapota Investment PLC


Vallibel Power Erathna PLC announced Interim Dividend

Interim Dividend

The company announced interim dividend of Rs. 0.20 per Share.  The interim dividend is for the financial year 2010/ 2011.

The company feather says the payment will be on 14th February 2011.

About Vallibel Power Erathna PLC

The Vallibel Power Erathna PLC established in 2001 and Quoted to share market at 2006. The company is the business of generate and supply electric Power to the nation grid.

My view

As per the Dividend announcement of Rs. 0.20 per share and the Share price traded yesterday as Rs. 10.20.

Comparability the dividend is 2% of the price. But the dividend announcement will create the confidence to the investors to invest more.


MTD Walkers PLC Rights Issue and Price band

 Rights issue

MTD Walkers PLC announced the Colombo Stoke Exchange[ CSE] for the Rights issues.

After the right issue announcement the price of the shares in fluctuate heavily and reaching the lower the Price of Rs.45. The day starts with Rs. 81.70 and close at the price of Rs. 68.70.

Today almost the 3.49 Million shares traded with the value of Rs.230.1 Million.

MTD Walkers PLC
MTD Walkers PLC

Price Band

Today 24th January 2011 the Colombo Stoke Exchange announced the 10% Price band to MTD Walkers PLC from 25th January 2011 to 15th February 2011.

The main reason for the price band is to heavy price variation of the MTD Walkers PLC.


The Finance Company Public Share Issue

The company announced to Colombo Stoke exchanges the following details

Number of shares applied           20,378,700

Value of the shares applied         815,148,000

About The Finance Company PLC IPO

The Finance Company PLC
The Finance Company PLC

The Finance Company PLC announced to IPO 40 Million Ordinary voting shares at the price of Rs.40 per share.

The objective of the IPO is to be

  1. To broad base the share ownership of the company
  2. To increase the capital base of the company
  3. To obtain long term funds for future expansion, especially to expand the hire purchase, leasing, pawning and real estate business.

My view

The Finance Company PLC had a bad track record of the bad financial position in 2008. And their objective of fund raising is not clear enough to the investor to know, what the expantion there are going to do are.

As per today announcement the subscription of the Finance Company PLC is about the 51% of their IPO. And the investors were not interested to taking a risk investing in the Finance Company PLC.




Nawaloka Hospital PLC will grow


As a small investor I brought some of Nawaloka PLC shares and waiting for some movements in prices. But I always feel the company is performing lower than I expect.

The real performance

One of my relations was admitted to Nawaloka hospital last week for an operation. So I went frequently, so I had a chance to see the population within the hospital and packed vehicle.

As per I see the hospital performance and the number of staffs serving I personally feels that my investment is good and it will grow feather.

Chairman of Nawaloka Hospitals
Chairman of Nawaloka Hospitals

Nawaloka is Hotel or hospital                               

While the time I feel Nawaloka losing their focus on the health care service, because I always tell my friends Nawaloka Hospital [NH] is not a hospital it’s a Nawaloka Hotel [NH].

Quality Policy of Nawaloka Hospitals
Quality Policy of Nawaloka Hospitals

Because I felt the foods and room cleaners are doing their jobs on time, but doctors and medical officers will not comes at time. So I always refer Nawaloka hospital is a hotel.

Beyond my believes

I believe Nawaloka Hospital overcomes their limitations and provides verity of services developed their brands feather in health care services.

So I believe my investment will grow slowly…

Opportunity to Advertise on Bandaranayke international Airport [BIA]

Srilanka is one of the growing countries in Asian region. And achieve the higher number of tourist and the tourism income.

Place of Advertisement in Departure Units

Srilanka Airport denoted as Colombo Airport or Bandaranayke international Airport [BIA] improves t heir value added services continuously.

I recently went to the departure unit of BIA and found some good opportunity for a businesses and advertisements.

Here is the one Opportunity for advertisement.

Advertisment in Colombo Airport
Advertisment in Colombo Airport

The cost of the Board is Rs. 3.5 Million per annum. The fee is inclusive of all the expenses related.

The company which can maximize the benefit

  • Export Agriculture products.

Such as tea, rubber, coconuts, and so on,            

  • Financial Institutions

Such as banks, financial Bodies and so on,

  • Service Providers

Such as insurance companies, taxi companies,

  • Tourism related companies

Such as hotels, Tourism boards, beach hotels, Air taxis, and so on,

  • Local distributers

Such as vehicle importers, sole agents of imported products and so on.

Cost benefit analysis of Opportunity

As per the Price of Rs. 3.5 Million, The following calculation will show the benefits of it.

Rs.291, 666 per Month,

Rs. 9,589 per Day,

Rs. 399.54 per Hour,

Rs.6.67 per Minutes.

As per cost benefit analysis, the cost per minute is Rs. 6.67 and per hour Rs. 399.54. The Airport will handle minimum of 500 people per minutes in peak time [my assumption]. Therefore if the 25 people see this advertisement the cost spend for the person will be Rs. 0.2668.

This will be a good opportunity for a businessman to take decision and expand their brand name.

Dialog Used the Opportunity

Dialog Advertisment in Airport
Dialog Advertisment in Airport

Today early morning I have been BIA to send my brother, I have seen the place which I talk is utilized by Dialog. It’s a great explores to dialog to advertised there and promote their brand to general Public.

Interim Financial Statement-CSE

Interim Financial Statements
Interim Financial Statements

The recent days Colombo Stoke Exchange announced, a few Companies Financial Statements are Available in the their Site

The following Companies published their Interim Financial Statements,

Piramal Glass Ceylon PLC


Citizens Development Business Financial Ltd


The Autodrome PLC


Chemanex PLC


Vallibel Power Erathna PLC


All the Company’s indicate a good sign and gradually growth in their performance.

Chemanex PLC Announced interim Dividend


Chemanex PLC announced Colombo Stoke Exchange, that the company pays Interim Dividend of Rs. 1 per share each.

The Dividend announcement is for the financial Year ended 2010/2011. The dividend will be paid 11th February 2011.

About Chemanex PLC

Chemanex PLC
Chemanex PLC

Chemanex PLC established in 1974 and quoted in the same year as well. The company is in the sector of Chemical & Pharmaceuticals.

The nature of business is manufacturing & marketing of Textile Auxiliaries, Pigments, Emulsions, Polythene and agro Based products; import Chemicals and Consignment sale agents.

My view

The company’s position been a good and steady prices and the variations are lower comparability. The company’s beat against the ASI and MPI is more than 1. That’s mean the company share is a good choice to be invest in.

Janashakthi Limited Acquisition of 21.32% of Dunamis Capital PLC


Today 20th January 2011, Dunamis Capital PLC announced to Colombo Stoke Exchange (CSE) that Janashakthi Limited has increased its holding to 21.32% with the acquisition of 1,271,300 shares of Dunamis Capital PLC on 20th January 201.

Dunamis Capital PLC @ CSE today

Dunamis Capital PLC
Dunamis Capital PLC

Today 20th January 2011. The company share is open at the price of Rs. 16.90. The initial order of the day starts with Rs. 17 per share and reduces Rs 9.50 by noon.

Comparatively it’s a downwards position in CSE, but as per the scope of the Janashakthi Limited it have a possibilities to grow in future.

My Believes

As I believe this may be the good time for long term investors to invest and enjoying the Capital gains from Dunamis Capital PLC.


Sierra Cables PLC Joint Venture with Free Lanka Capital Holdings


Sierra Cables PLC announced to Colombo Stoke Exchange: The joint Venture agreement with Free Lanka Capital Holdings worth of Rs.250 Million. This investment will be in two hotel projects in the leisure sector.

Sierra Cables PLC recent announcements

In the recent period Sierra Cables PLC announced it’s willing to invest on the hydro sector and leisure sectors. And Sierra Cables PLC has signed a MOU to supply of 2000Km of Ariel Bundle Cables (ABC) for the Iranian Funded Rural Electrification Project (RE-8). The value of the Project is about approximately Rs. 1 Billion. Therefore the expectations from the Sierra Cables PLC increase from the investor point of views.

And the last year end 31st December 2010. The company says its amalgamation with Alucop Cables PLC [Fully Own Subsidiary].

Colombo Stoke Exchange and today reaction

Sierra 20.01.2011
Sierra 20.01.2011

Sierra Cables PLC today open the day for trading by Rs. 5.60 and lead all time highest of Rs. 6.20[ highest price till traded] and day closed by Rs. 5.90

Today Sierra Cables PLC record reasonable number of share traded as 24.333 Million.

As per the market trend, I expect it will reach a minimum of Rs. 7.50 within 2 weeks.


My Personable experience with singer Finance (Lanka) Ltd


Singer Finance Lanka Ltd IPO
Singer Finance Lanka Ltd IPO

While I am new to the market I just applied to Singer finance IPO with my side analysis and predictions. I request for 1000 shares, later the company allocated me for 500 shares according to their allotment scheme.

My expectations before singer finance come to market

I had a friend in office; who always talk about share market and the performance of the market. And he is the one motivator for me to enter Share Market as well.

While the time Colombo Stoke Exchange announced to the public it’s oversubscribed more than 120 times. According to the market trend I expect the singer finance can be double the price of its IPO price. And it can be a range between Rs. 30 to Rs. 35.

Even I expect the double I don’t having planned to sell those shares. And I like to look for a long term investment on it and enjoy the long term performance.

The first day of trading in CSE

17th January 2011, the singer finance listed in the main board of CSE. The first trading started with the price of Rs.35 per share. I didn’t have an idea to sell it even it prices reached 40’s.

But in 45 minutes time its reaching about 45 to 46 to be cleared, while I realized this may be good time to sell, so I called to my Investment advisor and told to sell singer finance shares at Rs.50 each.

In about 30 minutes the prices came down and the range was between Rs.41 to Rs.43. Therefore I call my investment advisor again and asked him to remove the sell order and said I like to keep it for long term.

After sometimes I refuse to see the market movement and see the price movement, but about 1.45pm I have a look on it. The market was about Rs.48 per share.

Then I again call to my investment advisor and told if you can sell the shares at the Price of Rs. 50.but I was not sure whether it will realized the day or after. But about 2.25 pm singer finance cleared the price of Rs.50.

My Profits

Compare to the Price I earn a capital gain of 2.33 times of my investment. This is an absolute investment opportunity for Srilankan and foreign investors.

LANKEM CEYLON PLC announced interim dividend

Dividend announcement

LANKEM CEYLON PLC [LCEY] announced Interim dividend of Rs.1 per share. This dividend announced for the financial year of 2010/2011.

Company further says the payment will be on 09th February 2011.

About the company

LANKEM CEYLON PLC established in 1964 and quoted on the year of 1970. Their natures of businesses are importers and Distributers of chemicals, namely agro- chemicals, industrial chemical, bituminous products, consumer products and paints.

The company is very well established and developed in industry in Srilanka.

Dividend Announcement and CSE trend


Today lankem share market starts at Rs. 294.50 and reaches all the time high of Rs. 316.60 after the announcement of interim dividend.  As per CSE sources in the image clearly explain the growth of share price from the dividend announcement.

The dividend announcement is May not to affect the share market trends but it’s made a confidence of future development.


ULFA: Oor Arimugam – a book review


ULFA is one of terrorist group in India. Even through India is a one the largest republic country, its facing so many problems from the terrorist around the India.

How do I got this book

Recently I renew my Library membership Colombo Public Library. So I try to find some books to lend from library. Its take almost 2 days to read and finish this book [approximately 4 hours].

Book Review

ULFA: Oor Arimugam is one of the Kizhakku Publication book written by R. Muthukumar.

The book Constance of 11 chapters with page counts of 118. Books printed price is Indian Rupees of 60.

This book shows me a real picture of the ULFA and their activities. It’s says ULFA’s motivations, activities, their trainings and foreign policies. The writer talks more about the ULFA terrorism and political involvements with Bhutan and Bangladesh.

These books help the readers to understand the basic of ULFA and the activities.

For me

This book was value for me of reading time of 4 hours altogether. Compare to the other activities I do; this value added me more than 100%.

 Handoff to writer to made the books to be interesting.

Singer Finance (Lanka) LTD First day of Trading


Today 17th January 2011. Singer Finance (Lanka) LTD listed to Colombo Stoke exchange main Board. As every investor expects the Singer Finance (Lanka) LTD was the king of the Colombo Stoke exchange today.

Singer finance issued Shares of 26,666,667 Ordinary voting shares at Rs.15 each. And it’s made a history in CSE with by Oversubscribed more than 120 times [approx 127.7 times].

Today is the day for Singer Finance

As per the today’s trade Singer finance started the first trade at Rs. 35 and reaches highest of Rs. 50.80 and close at Rs. 50 at the end of trading.

Singer Finance 17.01.2011 from
Singer Finance 17.01.2011

The start trading was about more of 233.33% higher than Initial Public offered price [Capital gain of 133.33%]. And the maximum reaches today were a 338.66% and absolute capital gains of 238.66% on the investment.

Quite a good points to note

Today singer Finance Share volume turnover is 21.2979 Million. Its 79.87% of the IPO shares have to transfer. And compare with the listed shares of 106.666667 Million Shares its 19.97% of trading.

This may be a good sign expected by some investor for long term performance for long term investors, the same time may be quick sale will get maximize the capital gain [238.66% without investment] for short term investors.

Therefore the singer finance shares are good for short term capital gains and long term performance as well.

Hope for future

There is a good hope and scope for the singer finance to perform well in future. So the investors do understand their position and trade their shares in future.


Sierra Cables PLC diversification and New Projects


Today 17th January 2011. Sierra Cables PLC announced Colombo Stoke Exchange, the board of Directors of Sierra Cables PLC has decided to Diversify. 


Further Company says they intention to invest in the hydro sector and looking a possibility of venturing into the Leisure sector as well.

New Developments

Further company said they have signed a MOU to supply of 2000Km of Ariel Bundle Cables (ABC) for the Iranian Funded Rural Electrification Project (RE-8). The value of the Project is about approximately Rs. 1 Billion.

 Today market and Future expectations

Sierra Cables PLC recently performs well in the market and it’s reaching the all time higher value of Rs.5.30. today the market starts with Rs. 4.70 and ends the day with Rs. 5.10.

Sierra Cables PLC
Sierra Cables PLC

The investors are expecting a definite share appreciation tomorrow due to this announcement. And the contact with Iranian Funded Rural Electrification Project (RE-8) will help Sierra Cables PLC to reaches the world class standards.


Cargills (Ceylon) PLC announced Interim Dividend

Interim Dividend

Today 17th January,2011. Cargills (Ceylon) PLC announced Colombo Stoke Exchange a Interim Dividend for the Financial Year of 2010/2011.

The dividend worth of Rs 0.50 per Share and payment will be paid on 07th February 2011.


Today’s Trade and confident of Cargills (Ceylon) PLC

Today the day ranges of the shares with about Rs.199 to Rs.204.50. and the trade started with Rs.202.40 and close the day by Rs.201.00.

Snap shot from
Cargills 17.01.2011

It seems a 0.69% downward movement from the beginning. But the Share price capital gains are much better for the Cargills (Ceylon) PLC than their Dividend announcement.

Even through the dividend announcement is made confident to shareholders about the company’s performance and market trends.

HVA Food Oversubscribed by 23.67 times

Today 14.01.2011 HVA food announced Colombo Stoke exchange [CSE] it’s oversubscribed at the date of 12.01.2011.

for More:

As per the Date of 12th January 2011 HVA food receives shares subscriptions of 471,630,300 out of their Initial Public offerings of 19,928,598 shares.

it’s an approximately 23.67 times of Oversubscribed.


ODEL PLC Announced Interim Dividend

Today 14th January 2011, ODEL PLC Announced Colombo Stoke exchange to discloser of the Interim Dividend of Rs 0.25 per share.

Further it’s disclosing the Interim dividend for the financial Year of 2010/2011. The payment will be on 7th February 2011.

About ODEL and share trend

The odel, one of the company which made initial capital gains of 100%[more than 100%] in the first day of trading.  The recent performance of the company and the stoke performance are good for the investors who looking for long term value additions.

My View of ODEL PLC

Short term : Huge capital gains
Medium terms : Reasonable capital gains
Long term : Huge capital gains compare initial and medium terms.